Jaguar Gap Insurance
Buy 5* Rated Gap Insurance With A 30 Day Money Back Guarantee
Nothing says luxury like the Jaguar logo. Since it split from the Swallow Sidecar Company in 1946, Jaguar has been the pride of the British car industry.
Of course, luxury cars can be especially tempting to thieves. A sensible driver will have insured their Jaguar against theft, but you could still find yourself out of pocket in the event of a claim. That’s because cars depreciate in value rapidly after they are purchased, and many insurance companies will only cover you for the car's value at the time of it being stolen or written off. With luxury cars such as Jaguars, that difference can easily run to many thousands of pounds.
Luckily, there is a way to cover yourself with Guaranteed Asset Protection (GAP) insurance.
Why choose Direct Gap to protect your Jaguar?
What is Jaguar Gap Insurance?
Jaguar gap insurance covers the difference between your car's purchase price and its value at the time of a claim. This means that you don't have to worry about depreciation – you are guaranteed to get back what you paid for the car. Our experienced team can help you secure a great deal on Jaguar gap insurance, with policies available for 1-5 years, so why not get in touch today for a free quote?
For further information, check out our detailed guide to gap insurance.
Get a Jaguar Gap Insurance quote today.
How does Jaguar Gap Insurance work?
If you buy a Jaguar for £40,000, it will depreciate over the time that you own it. Let’s say that a few years later, your car is stolen or written off – but by this point, its value has dropped to £25,000.
Your motor insurers will pay out in line with that value, which means you’ve lost out by £15,000. With Jaguar gap insurance, you are covered for that difference between its purchase price and its value when it was declared a total loss.
Get a Jaguar Gap Insurance quote today.
Jaguar Gap Insurance Reviews
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Additional cover for your Jaguar
It’s not only Jaguar Gap Insurance that we offer. We can also provide protection for specific elements of your pride and joy, such as the bodywork, tyres and wheels.
Jaguar Gap Insurance Calculator
Only £ would be covered by your comprehensive car insurance leaving a gap of £.
Jaguar: FAQs, Statistics & General Information
Jaguar Depreciation
Like most car brands on the market, Jaguars will lose value over time, typically depreciating between 15-35% in year one, to 50% within three years of ownership (usually, regardless of whether you buy new or used).
Try our free Car Depreciation Calculator for more information on model-specific depreciation and to estimate the value your Jaguar could lose.
Gap Insurance Payout Examples
BMW 320 D
Our BMW gap insurance policy paid out £4,558 to a customer who initially bought their BMW 320D for £20,000. Following a total loss, their motor insurer offered a settlement figure of just £15,442; we covered the difference.
Ford Kuga
Our Ford gap insurance policy paid out £14,565 to a customer who initially bought their Ford Kuga for £36,168. Following a total loss, their motor insurer offered a settlement figure of just £22,053; we covered the difference.
Dacia Sandero Stepaway
Our customer wrote their Dacia Sandero Stepaway off and received a final settlement from their insurer of £15,390. This was much lower than their original purchase price of £18,644, following a 17% depreciation.
We paid the difference of £3,565 thanks to their Gap Insurance policy.
Audi Q2
Our customer bought their Audi Q2 for £30,245, which depreciated at a rate of 13%. When it was written off, their motor insurer paid a final settlement of £26,297.
With an Audi Gap Insurance policy, we covered the difference of £3,823.
What Types Of Gap Insurance Are Suitable For Jaguar
There are three common types of GAP Insurance available for most cars, including Jaguar. Which is most suitable typically depends on your finance type, car ownership status and individual cover needs.
The main types of Jaguar Gap Insurance we provide are:
- Lease & Contract Hire Gap Insurance: Lease & Contract Hire Gap Insurance pays the difference between your motor insurance settlement figure and the amount outstanding on your lease finance balance. This policy is suitable for lease or 'PCH' cars only.
- Return To Invoice Gap Insurance: Return To Invoice, or 'RTI' as it's also known, pays the difference between your motor insurance settlement figure and the original invoice price of your vehicle.
- Vehicle Replacement: Vehicle Replacement Insurance, or 'VRI' covers the difference between your motor insurance settlement and the cost of replacing your vehicle.